Suresh0880

Suresh0880

Zim laboratories appears to have given a break out. Since listing in 2019, it made a high of 124.35 and today it has decisively taken out the previous highs. RSI and MACD indicating price strength and momentum above short, medium and long term moving averages. One may add this to their watchlist. As far as the fundamentals are concerned the stock currently...

Suresh0880

MRPL has been undergoing a consolidation phase since 2018 and has recently formed a cup and handle pattern. Today, the stock experienced a notable 12% upward movement accompanied by high trading volumes. In terms of its fundamentals, MRPL is an independent refinery that is 71.6% owned by ONGC, its parent company. During the fiscal year 2023, the company's...

Suresh0880

MRPL formed a Rounding bottom pattern and testing an importent level after nearly three and half years. Cab be a good buying opportunity for a target of 130.

Suresh0880

Canara Bank formed a Head and shoulder pattern on a daily time frame. One can look for a shorting opportunity below 191.05. Please note that this analysis is only for educational purpose only.

Suresh0880

Watch out for Aarti Industries' trendline breaks out. Aarti Industries today closed exactly at long resistance 955.75. Positionally good to go for long above 962 for a target of 996 and above. RSI and MACD are indicating good strength with huge volumes.

Suresh0880

Ami Organics is trying to break the trendline. One can go for long above 982 positionally for a target of 1031 and 1062.

Suresh0880

Mphasis is making cup and handle pattern and broke the trendline. Can make a good move above 3356 positionally for a target of 3659. Keep a stop loss of 3183. Please note that this post is purely for understanding the trend and educational purpose only. One may take postions at their own risk.

Suresh0880

Coal India Made made a cup and handle pattern and broke the trendline with good volume. Buying opportunity above 192 for positional target of 199.15. Stop loss below 184.75